Key Highlights GBP/USD rallied toward 1.2740 before it corrected lower. A key bullish trend line is forming with support near 1.2610 on the 4-hour chart. EUR/USD corrected lower below the 1.0880 support zone. The US ISM Services PMI could increase from 51.8 to 52.0 in Nov 2023. GBP/USD Technical Analysis The British Pound started a […]
The post GBP/USD Remains In Uptrend But Bulls Lose Strength appeared first on Action Forex.
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Daily Pivots: (S1) 193.16; (P) 193.89; (R1) 194.51; More… No change in GBP/JPY’s outlook and intraday bias stays on the downside. Corrective rise from 180.00 could have completed with three waves up to 199.79. Deeper Read more…